Page-4 of Global politics
IMF projects India’s growth rate to 7.4% in 2018 and 7.8% in 2019
The International Monetary Fund in the latest World Economic Outlook (WEO) has projected India to grow at growth rate at 7.4% in 2018 and 7.8% in 2019, up from 6.7% in 2017. The report stated that India in 2018 and ..
Month: Current Affairs - April, 2018
Redistributive Resource Transfer
Redistributive Resource Transfer or RRT to a state (from the Centre) is defined as gross devolution to the state adjusted for the respective state’s share in aggregate Gross Domestic Product (GDP). Differences between foreign aid and RRTs are as follows: RRTs ..
India Ratings and Research (Ind-Ra) projects India’s growth to 7.1%
The India Ratings and Research (Ind-Ra) has projected the India’s economic growth to improve to 7.1% for FY19 (2018-19) from 6.5% this year, buoyed by robust consumption demand and low commodity prices. In its outlook for 2018-19, the India Ratings, ..
IMF reduces India’s growth forecast to 6.7%
The International Monetary Fund (IMF) has recently released its October 2017 World Economic Outlook. In it, IMF slashed India’s growth forecast by 0.5% points to 6.7% in FY 18 due to the lingering effects of disruption caused by demonetisation and ..
The United Nations (UN) launches #NotATarget campaign for 2017 World Humanitarian Day (WHD)
The World Humanitarian Day (WHD) is observed every year on August 19 to pay tribute to aid workers who risk their lives in humanitarian service, and to rally support for people affected by crises around the world. The 2017 WHD ..
Russia formally joins WTO
After 18 years of negotiations Russia has finally become a formal member of the World Trade Organisation(WTO). Russia is ready to cut import tariffs on goods, including food and cars and to ease controls on foreign companies entering its financial ..